Maruti Suzuki India fell 0.37% to Rs 1,686.80 at 14:10 IST on BSE after the company reported 7.58% fall in production to 1.05 lakh units in April 2013 over April 2012.
The announcement was made during market hours today, 7 May 2013.
Meanwhile, the BSE Sensex was up 162.31 points, or 0.83%, to 19,835.95.
On BSE, 63,000 shares were traded in the counter as against an average daily volume of 85,587 shares in the past one quarter.
The stock hit a high of Rs 1,706.20 and a low of Rs 1,683.60 so far during the day. The stock had hit a 52-week high of Rs 1,709.25 on 2 May 2013. The stock had hit a 52-week low of Rs 1,052 on 4 June 2012.
The stock had outperformed the market over the past one month till 6 May 2013, rising 20.42% compared with the Sensex's 6.63% rise. The scrip had also outperformed the market in past one quarter, rising 4.11% as against Sensex's 0.17% rise.
India's largest car maker by sales has an equity capital of Rs 144.46 crore. Face value per share is Rs 5.
Maruti Suzuki India's total sales fell 3.1% to 97,302 units in April 2013 over April 2012. The company's domestic sales rose 0.3% to 90,523 units in April 2013 over April 2012. Exports fell 33.3% to 6,779 units in April 2013 over April 2012. The company had announced its sales figures on 1 May 2013.
Suzuki Powertrain India (SPIL) was merged with the company during the year ended 31 March 2013 (FY 2013) and the effect of the merger was given in the books of accounts in Q4 March 2013.
Excluding the effects of the SPIL merger, Maruti Suzuki India's net profit surged 79.8% to Rs 1147.50 crore on 9.4% increase in net sales to Rs 12566.60 crore in Q4 March 2013 over Q4 March 2012.
Meanwhile, the board has approved the amalgamation of seven wholly-owned subsidiaries of Maruti Suzuki India, namely, Maruti Insurance Business Agency, Maruti Irisurance Agency Services, Maruti Insurance Distribution Services, Maruti Insurance Agency Logistics, Maruti Insurance Agency Solutions, Maruti Insurance Agency Network and Maruti Insurance Broker into the company.
Japanese parent Suzuki Motor Corporation holds 56.21% stake in Maruti Suzuki India (as per the shareholding pattern as on 31 March 2013).
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